Do you have fees on payouts? Will my online gambling winnings be taxed?

Winnings are not subject to taxation, and the full withdrawal amount is paid to the player. OlyBet does not charge any withdrawal fees. However, your payment provider may apply additional fees based on their standard transaction pricing.

Do I have to pay taxes myself?

Yes, in Lithuania, players are responsible for paying taxes on their winnings if required by law. It is recommended to familiarize yourself with local tax regulations or consult a tax professional to ensure proper compliance with your tax obligations.

Exceptional Circumstances

Please note that, in specific cases, OlyBet reserves the right to apply different fees for payments and withdrawals, depending on the selected payment method.

Players will be personally notified if such fees are applied.

If you have any additional questions or need assistance, please contact our customer support team using your preferred method. Choose your option HERE.